All areas of the UK are acceptable including Northern Ireland
Difficult property types are OK
If you don’t want a lifetime mortgage or equity release, and just want a normal mortgage at 1.97% regardless of your age please Click Here
Not interested in equity release? Do you just want a conventional mortgage at 1.97% regardless of your age please Click Here
Disadvantages of Lifetime Mortgages
Monthly payment lifetime mortgage can reduce the inheritance for your family. Home reversion plans may impact entitlements to benefits. You may need to pay a broker’s fee and you could be exposed to changes in interest rates with some products.
It is usual to discover people looking for lump sum lifetime mortgages, monthly payment lifetime mortgage or lifetime mortgage with flexible drawdown cash release, however, Just Retirement like Aegon are keen to see evidence of your personal situation in the form of bank statements.
The mortgage lender will want to know if the property is a Detached freehold house or a Leasehold flat and if the resident is an Private Tenant.
Areas of the UK where Lifetime Mortgages are popular
Royal Leamington Spa
Providers for Equity Release
LV lifetime mortgage
AA equity release
Pensioner Mortgage Intelligent Finance
Bridgewater Equity Release
Hodge Lifetime Mortgage Flexible Drawdown Plan
Nationwide Interest Only Lifetime Mortgage
Lloyds Bank Lifetime Mortgage
Bridgewater Equity Release Schemes
Hodge Equity Release Plans
Pure Retirement Classic Voluntary Payment Super Lite